Texas Pacific Land (NYSE: TPL) director not seeking reelection to board

Rhea-AI Filing Summary

Texas Pacific Land Corporation reported that director Eric L. Oliver has decided not to stand for reelection at the company’s 2025 annual meeting of stockholders. He will continue serving on the Board of Directors until the annual meeting.

The company stated that Mr. Oliver’s decision is not due to any disagreement with the company or the Board regarding its operations, policies, practices, or any other matter. In connection with his decision, the Board removed him as a nominee for election at the annual meeting and determined to reduce the size of the Board from ten directors to nine, effective as of the annual meeting.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 26, 2025

Texas Pacific Land Corporation

(Exact Name of Registrant as Specified in its Charter)

Delaware	1-39804	75-0279735
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
1700 Pacific Avenue, Suite 2900,
Dallas, Texas		75201
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: 214-969-5530

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.01 per share		TPL		New York Stock Exchange NYSE Texas

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 26, 2025, Eric L. Oliver, a member of the Board of Directors (the “Board”) of Texas Pacific Land Corporation (the “Company”), notified the Company of his decision to not stand for reelection to the Board at the Company’s 2025 annual meeting of stockholders (the “Annual Meeting”). Mr. Oliver will continue to serve as a director until the Annual Meeting. Mr. Oliver’s decision to not stand for reelection at the Annual Meeting is not as a result of any disagreement with the Company or the Board on any matter relating to the Company’s operations, policies or practices, or any other matter.

The Board thanks Mr. Oliver for his service and the numerous contributions he has made to the Company. In connection with Mr. Oliver’s decision to not stand for reelection at the Annual Meeting, the Board determined to (i) remove Mr. Oliver as a nominee for election to the Board at the Annual Meeting and (ii) decrease the number of directors on the Board from ten (10) to nine (9), effective as of the Annual Meeting.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Texas Pacific Land Corporation
Date:    August 27, 2025	By:	/s/ Micheal W. Dobbs
	Name:	Micheal W. Dobbs
	Title:	SVP, General Counsel and Secretary

FAQ

What board change did Texas Pacific Land (TPL) disclose in this 8-K?

Texas Pacific Land Corporation disclosed that director Eric L. Oliver will not stand for reelection at the 2025 annual meeting, and the Board will decrease its size from ten directors to nine effective as of that meeting.

Why is Eric L. Oliver leaving the Texas Pacific Land (TPL) board?

Eric L. Oliver notified Texas Pacific Land Corporation that he has decided not to stand for reelection at the 2025 annual meeting. The company stated that his decision is not the result of any disagreement with the company or the Board on operations, policies, practices, or any other matter.

How long will Eric L. Oliver continue to serve on the Texas Pacific Land board?

Eric L. Oliver will continue to serve as a director of Texas Pacific Land Corporation until the company’s 2025 annual meeting of stockholders.

How is the size of Texas Pacific Land’s Board changing?

In connection with Eric L. Oliver’s decision not to stand for reelection, the Board determined to decrease the number of directors from ten (10) to nine (9), effective as of the 2025 annual meeting of stockholders.

Did Texas Pacific Land report any disagreement with Eric L. Oliver?

No. Texas Pacific Land Corporation stated that Eric L. Oliver’s decision not to stand for reelection is not due to any disagreement with the company or the Board regarding its operations, policies, practices, or any other matter.

Who signed the Texas Pacific Land 8-K reporting this board change?

The report was signed on behalf of Texas Pacific Land Corporation by Micheal W. Dobbs, who is the company’s SVP, General Counsel and Secretary.